What a week . .
What a week to publish a book! Could there be worse timing? The SPY golden cross has been confirmed, and that is our IN signal. Yes, we will be buying in at a higher price than we sold. Not ideal – the ITM OUT signal gets us out early if things deteriorate. But not all […]
Not So Fast!
Golden Cross? Yes a golden cross has formed – but is not yet confirmed. The white space between the SMAs is only 0.6% (see chart). I am extremely twitchy about this rally – SPY has even made a new high! Crazy. But the last four days, while the market was going up sharply, the volume […]
Is it a Bear?
Is it a bear market? — DEATH CROSS ALERT – PLEASE READ! — It’s what we are all wondering after another horrible week. So, let’s face it head on. Are we entering a bear market? The prophets of doom are out in force: Investing.com Morningstar Motley Fool Business Insider Financial Times Marketwatch Should we join […]